How does a credit rating agency work?
Speaker: Roberto Rivero, Head of Market Development Rating Services, Standard & Poor’s
Roberto Rivero, Head of Market Development Rating Services, Standard & Poor’s
With the recent downgrading of Greece by Standard & Poor’s, the European markets imploded, Germany was subjected to a humiliating stand-down with France, the euro lost most of its value, and there were real concerns that the Eurozone may come to an end.
These fears proved to be over-stated, but it did show the real power that credit rating agencies such as Standard & Poor’s have over the markets.
So what are credit rating agencies really all about and how do they work?
- What is the role and meaning of a rating?
- What have ratings firms learnt from recent market events?
- What are the independent and regulatory measures being used to restore market confidence in ratings
- A glimpse at what's to come: future trends
Roberto Rivero is responsible for Marketing and Investor Relations for Standard & Poor’s Rating Services in the EMEA region. His 25-year career has included senior positions in Sales, Marketing and Product Development. More recent roles include Head of Sales & Marketing at the London Stock Exchange, Product Marketing Director at Fidessa and Head of Product Management & Marketing at Thomson Financial.